Page 637 - ACFE Fraud Reports 2009_2020

FIG. 62 What anti-fraud controls are the most common in FIG. 64 Cases by country in Eastern
Eastern Europe and Western/Central Asia? Europe and Western/Central Asia

Control Percent of cases Country Number of cases
External audit of financial statements 95% Bulgaria 3
Internal audit department 91% Czech Republic 3
Code of conduct 83% Georgia 1
Management certification of financial statements 79% Hungary 1
Management review 76% Kazakhstan 4
Hotline 75% Kosovo 2
External audit of internal controls over financial reporting 75% Latvia 2
Independent audit committee 73% Lithuania 1
Anti-fraud policy 66% Macedonia 2
Fraud training for employees 58% Montenegro 1
Dedicated fraud department, function, or team 57% Poland 5
Fraud training for managers/executives 56% Romania 11
Formal fraud risk assessments 46% Russia 15
Surprise audits 40% Serbia 9
Proactive data monitoring/analysis 36% Slovakia 4
Employee support programs 27% Slovenia 4
Job rotation/mandatory vacation 17% Tajikistan 1
Rewards for whistleblowers 5% Turkey 13
Ukraine 3
Uzbekistan 1
FIG. 63 How does the perpetrator’s level of authority Total cases: 86
relate to occupational fraud in Eastern Europe and
Western/Central Asia?
MEDIAN LOSS:
39%
33% 28% usd 150,000
PERCENT OF C A SES

��
�
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OF ALL CASES
Employee Manager Owner/executive 4%
$28,000 86 �
$155,000 CASES

MEDIAN L OSS

$3,700,000 Eastern Europe and Western/Central Asia Report to the Nations 61